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Bar & Restaurant w/Entertainment – New Buildout / Versatile Layout!

Temecula, CA

Seller Financing Available

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Asking Price:$450,000
Gross Revenue:$1,610,768
Rent:$9,800
FF&E:$80,000
Cash Flow:$1
Inventory:$10,000
EBITDA:$1
Established Year:2021
Listing ID: 2067461Listing provided by BizBuySell
BUSINESS DESCRIPTION

This Temecula Bar and Restaurant with multiple bars boasts stellar freeway access, main street visibility, spacious parking lot, and live entertainment with a new, highly versatile build-out that is allow the venue to simultaneously offer dining and live music in separate spaces. The venue’s unique concept promotes a loyal following and stable customer base that makes the venue the first choice for many onsite special events, and offsite catered activities, while its chef driven menu and extensive craft beer selection, together with the venue’s full entertainment calendar comprised of a variety of bands, DJs, karaoke and other performances keeps patrons coming back for more.

DETAILED INFORMATION
Location
Temecula, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,700
Lease Expiration
20/02/2031
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This 6,700 square foot venue with a capacity for over 300 patrons leases for a $9,800 per month on a long-term lease until 2031 with two 10 year options. All of the business’s furniture, fixtures, equipment and liquor license as well as live entertainment permit will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to the purchase price.
Competition
Temecula has several bars, restaurants and live music venues in its Old Town district and throughout the greater Temecula – Murrieta corridor, however, few can match this venue’s recent highly versatile, no expense spared build-out and host of entertainment entitlements. As such, together with the location’s attributes, it has a built-in long term sustainable advantage.
Growth & Expansion
New operators of this live entertainment, music and dining venue may maintain the continuously its ever-growing customer-embraced concept, or the facility may be adapted to any number of alternative concepts that capitalize on the versatile build-out and highly flexible space lay-out.
Financing
Seller will consider a small, secured carry back if necessary to help facilitate an S
Support & Training
Seller will train for 2 weeks at 20 hour per week or as negotiated
Reason for Selling
Personal
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Ryan
Clark
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Ryan Clark
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